Latin Technology: Panama Replaces Chile

BY CHRONICLE STAFF

Thanks to strong wireless growth, Panama now has Latin America’s second-highest technology level, according to the fifth annual Latin Technology Index from Latin Business Chronicle.

Panama jumped from fourth to second place, replacing Chile.

Uruguay remains in the top spot and managed to replace Chile as the regional leader in Internet penetration.

The Latin Technology Index provides a unique comparison of the technology level of 20 Latin American countries by looking at the penetration rates of Internet, broadband Internet, personal computers (PCs), wireless subscribers and fixed telephone lines. It uses 2009 technology data from the International Telecommunications Union, Computer Industry Almanac and the Santiago Chamber of Commerce and population data from the International Monetary Fund and the Population Reference Bureau.

Cuba remains the Latin American country with the lowest technology level, followed by Haiti.

All countries in Latin America improved their scores and the average score for the region improved ...

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